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Calling on countries around the globe to enhance unity and cooperation to win the battle against COVID-19 as soon as possible, Wang said China will continue to share its experience on containment and treatment with other countries, provide support and assistance to countries and regions in need, and deliver its solemn commitment of making COVID-19 vaccines a global public good.
Second, we need to improve the governance architecture for economic globalization. We should firmly safeguard the rules-based multilateral trading system that is transparent, nondiscriminatory, open and inclusive, and support the reform of the WTO to enhance its effectiveness and authority. We should promote free trade, oppose unilateralism and protectionism, uphold fair competition, and protect the development rights, interests and space of developing countries. We should continue the reform of the international financial system, conclude the IMF’s 16th General Quota Review on schedule, expand the role of the Special Drawing Rights, buttress the global financial safety net, and raise the representation and voice of developing countries. We should also address the challenges to economic globalization head-on, and make it more open, inclusive, balanced and beneficial to all.

The government will phase out outdated regulations and management systems, letting sci-tech workers have a say over their work and allowing them to concentrate on research, he said.
A credit repair mechanism, which is conducive to self-correction, will be established. Entities will be allowed to fix negative credit records, unless otherwise stipulated by laws and regulations, should they correct dishonest behaviors and eliminate adverse impact. Relevant departments shall remove entities, who meet credit repair eligibility, from the list in a timely manner.
Incentives will be put in place for local banks that provide inclusive loans for micro and small enterprises with a deferred repayment period of no less than six months. The incentives will remain at 1 percent of the loan principal.
来源:资阳报